Job Description

To execute and manage the Credit Risk strategy with a view of maximising the return on capital employed whilst maintaining an acceptable level of risk in terms of the Company's credit ethics 

Hello Future Credit Head

Welcome to FNB, the home of the #changeables. We design for the shapeshifters and deliver products and services that make us incredibly proud of people that make it happen.

As part of our Broader Africa talent team, you will be surrounded by unique talents, diverse minds, and an adaptable environment that lives up to the promise of staying curious. Now’s the time to imagine your potential in a team where experts come together and ignite effective change. 

Are you someone who can:

Design, enhance and manage delivery and processes of credit portfolio across regions or product houses to deliver on unique and evolving business requirements underpinned by best practice to enhance service delivery and meet functional and business objectivesCommunicate, engage and be accommodating with stakeholders with different areas of expertiseUnderstand general credit risk principles and use them to implement the broader credit strategyIdentify potential financial risk and ensure measures are taken to manage that riskAssist with development of lending solutionsManage, develop and utilization of statistical credit models across SME and Commercial bankingOversight and support into the ongoing risk and collections processesCreate new processes and facilitate change management thereofManage operational risks and processesCreate, analyse and interpret budget Variance Reports to ensure financial planning and accruals are adjusted to accommodate changes in business operationsReducing/managing Bad debtsOwn associated policies and frameworksIncrease operational efficiency and suggest solutions to enhance cost effectiveness control costs for business areaDetermine targets for revenue growth Identify and implement on opportunities for revenue growthResearch and design a longer term financial resource requirement plan for the area of responsibilityPresent the business case to motivate for financial resourcesBuild relationships that allow for the managing of expectations; the sharing of knowledge and diverse insights; and the creation of buy-inEngage in cross-functional relationships to obtain and to provide work supportApply a customer-centric approach that focuses on creating a positive experience for the customer by maximizing service and/or product offerings and building relationshipsDesign and deliver customer service solutions, systems and interactions aligned to Organisational values and service standardsDrive continuous improvement in customer service delivery that prevent problems from arising in the future in a proactive manner Implement service delivery and efficiency modelsMonitor and evaluate all customer touch points to ensure the effectiveness of customer experienceMaintain expert knowledge on relevant legislative amendments, industry best practices and provide of advice to relevant stakeholdersMaintain up to date knowledge of local and global trendsProvide thought leadership and expertiseProvide input into, and implement, corporate governance, compliance, integrity and ethics policies in are of accountability to identify and manage risk exposureEnsure integrated view and reporting of relevant business informationAnalyse information to identify trends, discrepancies and inconsistencies for decision making purposes Ensure reporting of identified inconsistencies or opportunitiesUse the insights gained through integrated business reports to measure success and realign tactical strategy implementation objectives appropriatelyEnsure that each employee prepares a personal development plan that is implemented and reviewed as requiredManage performance of team or teams in areas of responsibility against expected individual and team delivery targetsBuild team succession plans for roles in own area and influence resource planningEstablish an enabling climate and culture to energise employees, give meaning to work, minimise work disruption and maximise employee productivityInfluence the understanding and adoption of the organisational strategic direction

You will be an ideal candidate if you have:

Minimum Qualification: Bachelors degree in Actuarial Science, Mathematics, Statistics or equivalentExperience: 8+ Years in complex quantitative credit ideally in the banking industry; At least 3 years at a managerial levelSkills: Strategic Planning, Statistical modelling, Quantitative Credit, CommunicationTools: SAS, PowerBI, knowledge of FNB Platforms a plus

You will have access to:

Opportunities to network and collaborate.Challenging working enviromentOpportunities to innovate.

We can be a match if you are: 

Curious & courageous - you're driven by always wanting to know more and learn more and you're brave enough toObsessed with mastery - you know what it takes to become good at what you do and are constantly pushing yourself to do it.

Are you interested to take the step? We look forward to engaging with you further. Apply now!

Job Details

Application Closing Date

14/05/24

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.